Powell Hearing Is Canceled as Nation Honors George H.W. Bush

(Bloomberg) -- Federal Reserve Chairman Jerome Powell’s testimony to Congress scheduled for Wednesday has been canceled as the nation pauses to honor the late President George H.W. Bush, according to a staffer with the Joint Economic Committee.

Connie Foster of the bicameral panel in Washington said there’s no date yet for a rescheduled hearing, which was originally set for 10:15 a.m. in Washington on Dec. 5.

President Donald Trump designated Wednesday as a national day of mourning after the 41st U.S. president died at his home in Houston on Friday.

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